The Vote on AB 2502

The Vote on AB 2502

  A new bill is going before the assembly which some argue violates the Costa-Hawkins law.   “Rent Control” is a type of municipal law aimed at mitigating the disruptive effect of escalating or fluctuating rental market prices on neighborhoods and individual renters, as well as to promote the maintenance of safe and habitable dwelling units in tight markets with housing shortages.  For instance, San Francisco’s Residential Rent Stabilization and Arbitration Ordinance (SFRO), was enacted as an emergency ordinance, amending the San Francisco Administrative Code in 1979, and acknowledged that, in the face of significant increases prior to rent control, "some...Read more